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Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! Great opportunity to create Rental unit with no Development fee. Get the permit and have 100% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with 2% less than the market rate and be owner with $ 0 on the property. Great investment property. Its a an ATM machine.
The LA has a development group. Will do the whole prosses. This is a development lot.
City: Toronto
Neighborhood: Centennial Scarborough
Purchase Price | $2350000 |
Down Payment | $470000 |
Mortgage Insurance | $0 |
Total Mortgage | $1880000 |
Mortgage Payment | $11585 |
Property Taxes | $450 |
Maintenance Fees | $0 |
Monthly Payment | $12035 |
Sold Comparables homes near 6244 Kingston Rd, Toronto
Located at 6244 Kingston Rd , this Toronto house is available for sale. This property was listed for $2,350,000 on Thu Mar 20 2025. This house's size is 113.13 x 250.87 Feet. It has 2 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Primary, 2nd Br, 3rd Br. This property comes with 11 parking spots. 6244 Kingston Rd, Toronto is situated in the Centennial Scarborough neighbourhood.
MLS#: E12031690 · $2,350,000 · 2 bedroom house in Centennial Scarborough, Toronto